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Law student Rebecca Weaver said students ''already pay huge fees''.
''And we don't get that much out of it,'' she said.
''We don't even get free printing.''
This is the first year the tuition fee rise is capped at a maximum of 3%, after being capped at 4% previously.
''The university is under significant financial pressure,'' she wrote.
''Providing an acceptable level of funding for the academic divisions ... will be difficult in 2016.''
The 3% increase would mean arts, teaching and commerce undergraduate students would pay about $150 more a year, medicine and dentistry undergraduate students would pay $431 more a year, and certain postgraduate students would pay over $900 more a year.
Science and arts student Jessie Manning said she did not like the increase, ''but it might be necessary to keep up with costs - costs are rising for everybody all of the time''.
''Yes it sucks, and yes, we have loans, but it's better than what it could be,'' she said.
''In an ideal world, it wouldn't happen, but to meet costs, we have to pay more.''
''But [it] could be a lot for some people and not so much to others.''
Psychology and public health student Karishma Turner said the increase would make being a student harder.
''It's already expensive enough,'' she said.
''Three percent doesn't seem like much, but it actually is a lot ... Some students aren't from well-off backgrounds and maybe they'll think twice about coming here.''
Ms Turner thought students should have been consulted on the tuition hike.
''We are the body of the university, and I think we should have been told and been able to speak up about it.''
Otago University Students' Association president Paul Hunt responded to a list of questions about the increase saying only that he would oppose it at today's meeting.
''Sorry I have not had time to provide you a more elaborate answer, but I will outline my position at [today's] meeting in hopefully some detail,'' he said.